Capital Fund Management S.A. Has $216,000 Position in US Ecology Inc. (ECOL)
Capital Fund Management S.A. lowered its stake in US Ecology Inc. (NASDAQ:ECOL) by 56.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,700 shares of the company’s stock after selling 6,200 shares during the period. Capital Fund Management S.A.’s holdings in US Ecology were worth $216,000 as of its most recent SEC filing.
Several other institutional investors have also recently modified their holdings of the company. First Republic Investment Management Inc. raised its position in shares of US Ecology by 2.9% in the first quarter. First Republic Investment Management Inc. now owns 11,270 shares of the company’s stock valued at $498,000 after buying an additional 315 shares during the last quarter. Capstone Asset Management Co. raised its position in US Ecology by 13.6% in the second quarter. Capstone Asset Management Co. now owns 9,613 shares of the company’s stock worth $442,000 after buying an additional 1,150 shares in the last quarter. NEXT Financial Group Inc raised its position in US Ecology by 48.8% in the second quarter. NEXT Financial Group Inc now owns 5,029 shares of the company’s stock worth $231,000 after buying an additional 1,650 shares in the last quarter. BlackRock Group LTD raised its position in US Ecology by 7.6% in the first quarter. BlackRock Group LTD now owns 29,022 shares of the company’s stock worth $1,282,000 after buying an additional 2,051 shares in the last quarter. Finally, Prudential Financial Inc. raised its position in US Ecology by 3.0% in the first quarter. Prudential Financial Inc. now owns 79,138 shares of the company’s stock worth $3,495,000 after buying an additional 2,300 shares in the last quarter. 83.55% of the stock is currently owned by institutional investors.
Shares of US Ecology Inc. (NASDAQ:ECOL) traded up 0.47% during midday trading on Friday, reaching $42.72. 98,093 shares of the company were exchanged. The company’s 50-day moving average price is $43.92 and its 200 day moving average price is $44.60. The stock has a market capitalization of $930.14 million, a price-to-earnings ratio of 27.21 and a beta of 0.97. US Ecology Inc. has a 52-week low of $29.89 and a 52-week high of $49.39.
US Ecology (NASDAQ:ECOL) last issued its quarterly earnings data on Thursday, July 28th. The company reported $0.41 EPS for the quarter, hitting analysts’ consensus estimates of $0.41. US Ecology had a net margin of 6.52% and a return on equity of 12.67%. The firm had revenue of $122.30 million for the quarter, compared to analyst estimates of $122.16 million. During the same quarter in the previous year, the business posted $0.40 EPS. The firm’s revenue was down 12.5% compared to the same quarter last year. On average, equities analysts predict that US Ecology Inc. will post $1.82 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 28th. Shareholders of record on Friday, October 21st will be issued a $0.18 dividend. The ex-dividend date of this dividend is Wednesday, October 19th. This represents a $0.72 dividend on an annualized basis and a yield of 1.69%. US Ecology’s dividend payout ratio is currently 45.86%.
A number of research firms recently issued reports on ECOL. Zacks Investment Research raised US Ecology from a “sell” rating to a “hold” rating in a report on Wednesday, September 21st. Barclays PLC lowered US Ecology from an “equal weight” rating to an “underweight” rating and lowered their price target for the stock from $48.00 to $40.00 in a report on Tuesday, August 9th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $46.30.
In other news, Director Katina Dorton acquired 1,330 shares of the business’s stock in a transaction on Monday, September 12th. The shares were purchased at an average price of $44.33 per share, for a total transaction of $58,958.90. Following the acquisition, the director now directly owns 3,070 shares of the company’s stock, valued at approximately $136,093.10. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 1.30% of the stock is currently owned by company insiders.
About US Ecology
US Ecology, Inc is a provider of environmental services to commercial and government entities. The Company offers treatment, disposal and recycling of hazardous, non-hazardous and radioactive waste, as well as a range of field and industrial services. The Company operates in two business segments: Environmental Services, and Field & Industrial Services.
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